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Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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MLS# C12797312Bay Street Corridor, Toronto · M4Y 1X9
For SaleSale Of Business

522 Yonge Street, Unit Main

$79,000
50d on market
Teahouse Condos Phase 2byLanterra Developments
MLS# C12797312Bay Street Corridor, Toronto · M4Y 1X9
For SaleSale Of Business

522 Yonge Street, Unit Main

Teahouse Condos Phase 2byLanterra Developments

$79,000

50 days on market

Bedrooms
—
Parking
None

Listing History — This Unit

Real estate boards require you to sign in to see the full listing history.
Feb 18, 2026(1mo ago)
For Sale

$79,000

50 DOM
HOMELIFE LANDMARK REALTY INC.·MLS# C12797312
Current
Jan 01, 2024Terminated
$000,000

(Sign-in required)

About This Listing

Prime Downtown Toronto Location with Exceptional Exposure! An outstanding opportunity to own and operate a restaurant in one of Toronto's most sought-after downtown neighbourhoods. Enjoy high pedestrian traffic and excellent Yonge street visibility in a vibrant urban setting. This turnkey space features a fully equipped commercial-grade kitchen, including a walk-in cooler, and ample basement storage. The versatile layout can easily accommodate a wide range of cuisines and restaurant concepts. Licensed with LLBO. A rare chance to establish or expand your brand in a premier downtown location -don't miss it!

Property Details

MLS NumberC12797312
Property TypeSale Of Business
StyleWithout Property
Listing TypeFor Sale
StatusActive
Parking TypeNone
Property Tax$31.56/yr
Days on Market50
Listed2026-02-18
CommunityBay Street Corridor
MunicipalityToronto
Cross StreetYonge and College
Teahouse Condos Phase 2

Teahouse Condos Phase 2

Red Bricks Data

by Lanterra Developments · 501 Yonge Street

22 StoreysCompleteWalk 99Transit 100

Maint. Fees

0.58

Parking

$55,000

Locker

$5,000

Occupancy

2018

Live MLSFor Sale: 6 · $1438/sqftFor Rent: 15 · $5.27/sqft
Teahouse will ultimately consist of two residential buildings and ground floor retail. The moment you enter the lobby a sense of calmness envelopes you. The beautiful lines, the muted lighting and the elegant natural materials allow you to leave the world behind you and relax.Perhaps you will stop and enter the Tea Room, where you might lounge a while to refresh before you ascent to your suite.The amenities designed by Munge Leung include an outdoor pool, an indoor Onsen Pool which features a set of four separate pools at different water temperatures, all designed to soothe your body. Reland in the Rock lounge after a workout in the fitness centre or yoga room.Invite guests and entertain in the party room with formal dining and indoor and outdoor lounging space with barbeque area or perhaps watch a sporting event in the theatre room. The 24 hour concierge is always available to assist you.
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Listing provided by HOMELIFE LANDMARK REALTY INC.

Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.

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MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.

Data last updated: April 8, 2026 at 09:43 a.m.